Latest Australian Investor Visa Program to Draw Affluent Indian Industrialists, Capitalists

Good news for all wealthy Indians who wish to make an investment in Australia! Available reports suggest that a wonderful ticket for fast-track movement to Down Under waits for them. Thanks to the fresh Australian Visa Program, affluent overseas people will get to enjoy an unusual chance of arriving on the soils of the Kangaroo Land before they become the residents of the country.

Those who wish to become a resident of Australia require making an investment of $5 million in the country. Yes, strange though may it appear, it’s all one has to pump-in to get the prized permanent residency status of the Kangaroo Land. The latest program is targeted to attract wealthy immigrants believed to be what is called HNIs (High Net worth Indians) to arrive and stay in the country.

The fresh immigration program–called the program of Australian Significant Investor Visa–will fast-track the immigration of those affluent investors from the area of Asia, who, as mentioned earlier, could be keen to make an investment of $5 million. Such people will not have to undertake the long and wearisome procedure of immigration. They would also be spared the trouble of waiting in serpentine immigration queues for long hours.

Australian Significant Investor Visa Criteria

These are the prerequisites to make the grade for this permit:

• Make a pledge to put in not less than $5 million in agreed investment.
• Have nomination from a state or territory administration of Down Under.

Australian Significant Investor Program

Come November 24, 2012 and the latest immigration program for drawing immigrant investors would come into force. The said visa program has already drawn much attention from the Indians, the reason being Canberra has not put in place any upper age restrictions whatsoever for filing a submission under the given program.

As mentioned before, the actual sum of investment needed to make the grade for the said permit is not very high–more so for the affluent entrepreneurs from India. Hence, those who are from the age group of 28-34 years, and 45-50, will see it as a best possible opportunity to shift to Down Under.

Meanwhile and talking about the development, the immigration minister of Australia reportedly observed that the goal is to choose those business immigrants who possess a wonderful background of free enterprise. Chris Bowen, the minister, added that the program in question will give the chosen candidates the much sought after relief from language prerequisites, age restrictions, and the usual points-based scheme.

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